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SurajBOM:531638 62 Days Payable is 65.81 as of Mar. 2026, which is 195% above its 10-year median of 22.29. GuruFocus rates BOM:531638 with a GF Score™ of 62/100 and a GF Value™ of ₹204.74 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 598 Steel companies, Suraj ranks better than 52.17% on this metric.
Suraj's average Accounts Payable for the
three
months ended in Mar. 2026 was ₹169 Mil. Suraj's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹235 Mil.
Hence, Suraj's Days Payable for the
three
months ended in Mar. 2026 was 65.81.
The historical rank and industry rank for Suraj's Days Payable or its related term are showing as below:
BOM:531638'
s Days Payable Range Over the Past 10 Years
Min: 13.23 Med: 22.29 Max: 43.68
Current: 43.68
During the past 13 years, Suraj's highest Days Payable was 43.68. The lowest was 13.23. And the median was 22.29.
BOM:531638's Days Payable is ranked better than 52.17% of 598
companies
in the Steel industry
Industry Median: 41.37
vs BOM:531638: 43.68
Suraj's Days Payable
increased
from Mar. 2025 (25.23) to Mar. 2026 (65.81).
It may suggest that Surajdelayed paying its suppliers.
Suraj Days Payable Related Terms
Suraj Days Payable Historical Data
* Premium members only.
The historical data trend for Suraj's Days Payable can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BOM:531638 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Suraj's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Suraj Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Suraj's Days Payable distribution charts can be found below:
* The bar in red indicates where Suraj's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Suraj's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Suraj (BOM:531638) has a Days Payable of 65.81 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Suraj and its competitors. This is 195% above median its historical median of 22.29. Over the past decade, Suraj's Days Payable has ranged from 13.23 to 43.68. According to the industry distribution chart, Suraj ranks #286 out of 598 companies in the Steel industry, placing it in the top 47.8%.
Is Suraj's Days Payable too high?
Suraj's current Days Payable of 65.81 is 195% above median its 10-year median of 22.29. Over the past 10 years, this metric has ranged from a low of 13.23 to a high of 43.68. The Steel industry median Days Payable is 41.37. Suraj's value of 65.81 is 59.1% above this industry median. Based on the distribution chart, Suraj ranks #286 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, Suraj has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suraj's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Suraj ranks #286 out of 598 companies for Days Payable. This puts Suraj in the upper half of its industry. The industry median Days Payable is 41.37. Suraj's value of 65.81 is 59.1% above this benchmark. Historically, Suraj's own Days Payable has ranged from 13.23 to 43.68 over the past decade. While the company's 10-year median is 22.29 vs. the industry median of 41.37, Suraj has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Steel company?
The median Days Payable among Steel companies is 41.37, based on 598 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Suraj's current Days Payable of 65.81 is 59.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Suraj and its competitors. For the Steel industry, the median Days Payable is 41.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suraj's current Days Payable is 65.81, which is 195% above median its own 10-year median of 22.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suraj stock overvalued right now?
Based on GuruFocus' analysis, Suraj (BOM:531638) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹204.74, compared to a current price of ₹235.00 — trading 14.8% above its estimated fair value. The current Days Payable is 65.81, which is 195% above median its 10-year median of 22.29 and 59.1% above the Steel industry median of 41.37. Suraj's overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Suraj (BOM:531638), the current Days Payable is 65.81 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Suraj (BOM:531638) Overvalued in 2026?
Based on GuruFocus' analysis, Suraj stock appears to be overvalued.
The current stock price of ₹235.00 is trading 14.8% above its estimated GF Value™ of ₹204.74.
GuruFocus considers Suraj to be Modestly Overvalued.
Key valuation signals for BOM:531638:
Days Payable: 65.81 (195% above median its 10-year median of 22.29)
GF Value™: ₹204.74 vs. price of ₹235.00 (14.8% above fair value)
Industry Position: 59.1% above the Steel median (#286 of 598)
No single metric tells the full story. See the BOM:531638 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suraj Ltd is manufacturer of Stainless-Steel Seamless Pipes, Tubes and "U" Tubes, Flanges & Fittings with Electro polishing having plants at Thol and Chandarda, Mehsana, Gujarat. Its products find application in important industry segments like pharmaceuticals, dyes & pigments, Oil, Gas, Refinery, etc. The Company has only one segment. The company's products are Seamless Heat Exchanger Tubes, Seamless Heat Exchanger 'U'-Tubes, Seamless Instrumentation Tubes, Seamless Pipes, Seamless Buttweld Fittings, Flanges & Stubends, Forged Rings, Carbon Steel Tubes, Copper and Aluminum Recycling, and Precision Steel Tubes.
62GF Score
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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